I will be moving out of state and I will be bringing on a PM company.After running the numbers, I would be facing negative cash flow every month after accounting for all the expenses (Annually about $1,000 - and that's the rosy estimate)  Is it worth it? 

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

The requirement states you need a degree from a 4-year university and a minor in real estate.

Can't wait to see you grow.If you're planning to invest out-of-state, I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

The realtor did not specify term, she just stated long-term renters. 

We wrote an article about the licenses you need to operate an Airbnb in Hollywood Florida.

The reason why I am unsure of this scenario is that I know the theory states that this is usually a non-owner-occupied property (someone buys a single family home close to their primary residence so that they can manage it and take advantage of the loophole in this manner). 

Are you planning to invest locally in NC, or are you open to invest out-of-state?

Hi all, My husband and I are high-income earners in a high income tax state (California).

I'd think if you are looking at both, the prices on the 3 western states (sorry AK and Hawaii-leaving you out) are consistently higher.